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outside the law but they will have new options for those who want to cover their employees and new tax credit possibilities. for large employers, about 96% of them already cover their employees, and as you know the penalty that your constituents refer to is not a penalty that is imposed in 2014. it is being discussed with businesses about what kind of information is exchanged and it will take place in 2015. >> gentleman's time. >> will use the gavel on me if you don't hush. i yield back my time. >> gentleman's time expired. chair recognize the gentlelady from california, miss eshoo. >> thank you, mr. chairman. welcome, madam secretary. you're a distinguished woman. you have distinguished yourself and your state, the offices that you've held and now working for the american people and i salute you for it. i want to really congratulate my republican pals for being absolutely, 1,000% consistent. you love what's wrong with the website and you detest what's working in the affordable care act. and i think that is on full display here. but let's get back to the website because that is what th
outside the law but they will have new options for those who want to cover their employees and new tax credit possibilities. for large employers, about 96% of them already cover their employees, and as you know the penalty that your constituents refer to is not a penalty that is imposed in 2014. it is being discussed with businesses about what kind of information is exchanged and it will take place in 2015. >> gentleman's time. >> will use the gavel on me if you don't hush. i yield...
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tax. a charge usually of money imposed by authority on persons or property for public purposes. >> george, the fact that you looked up merriam's dictionary indicates to me that you're stretching a little bit. >> you reject that? >> i absolutely reject that notion. >> lucky for obama and maybe not the rest of us, the supreme court upheld the law by ruling that it was in fact a tax. so, bob, the biggest lie of the week we talked about yesterday about how people could keep their doctor and stay on their plans, that's not proving to be true. another thing that's coming down the pike, how about all the people that work for employers that are going to be out of insurance in a year when that employer mandate delay runs out? that's going to be millions more. and people are missing that huge story. >> well, if we had single pay, you wouldn't worry about that. let me say this about obama care. the percentage of people who fit that category are minuscule compared to the whole -- >> oh, no, no. >> if
tax. a charge usually of money imposed by authority on persons or property for public purposes. >> george, the fact that you looked up merriam's dictionary indicates to me that you're stretching a little bit. >> you reject that? >> i absolutely reject that notion. >> lucky for obama and maybe not the rest of us, the supreme court upheld the law by ruling that it was in fact a tax. so, bob, the biggest lie of the week we talked about yesterday about how people could keep...
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Oct 29, 2013
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argue it is a tax, the supreme court called it a tax, and because it is a tax, you have to pay it first and then seek your refund. this is insane. and so people will have additional tax bill. they must pay the tax bill and petition the irs. begging the irs to have that money paid back to them because there was no insurance policy made available at the time the tax was due. >> that is because of judge roberts' ruling. >> it is because of the supreme court ruling. tax is different than a penalty. if we speed and have a point assessed. if you are i owe a tax and think it is too much. we pay the tax first and get the money back, later. that's what will happen to individuals who will not obtain insurance coverage because obama care doesn't work and the computer system couldn't get them to the insurance carrier and the dead line passed. >> so it is line garnishing the wages. >> it is the moral equivalent, yes. if you owe the tax and don't pay it, your employer will collect tax by taking it out of money that otherwise goes to you and send it to the irs. >> judge, help me with something. you ge
argue it is a tax, the supreme court called it a tax, and because it is a tax, you have to pay it first and then seek your refund. this is insane. and so people will have additional tax bill. they must pay the tax bill and petition the irs. begging the irs to have that money paid back to them because there was no insurance policy made available at the time the tax was due. >> that is because of judge roberts' ruling. >> it is because of the supreme court ruling. tax is different...
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they don't like the fees and taxes on the industry. customers.he new they are lobbying to stop some of the feed but there's a mixed of the companies in health care. >> the los angeles times put out story taking a look at the cases in insurance and some cases in headlines. they're going get pricier as the out.rolls how -- if people are taking in the health insurance companies are health hem in, insurance companies changing how the policies for members because affordable care act. >> let's talk about something hat's happening to hundreds of thousands of people in small groups and individual markets. they currently have policies hat might no offer the same comprehensiveness of coverage that the affordable care act has. essential health care.its, majority they're getting notices from the insurers that they will not meet the standard starting january 1. this is the story too. my colleagues broke. it's gotten a lot of attention the press this week. what's happening is insurers are reaching out to those policy coveragend saying this is no lon
they don't like the fees and taxes on the industry. customers.he new they are lobbying to stop some of the feed but there's a mixed of the companies in health care. >> the los angeles times put out story taking a look at the cases in insurance and some cases in headlines. they're going get pricier as the out.rolls how -- if people are taking in the health insurance companies are health hem in, insurance companies changing how the policies for members because affordable care act. >>...
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whether it's private pay, tax pair pay, if the cost of health care is going up faster than wages and profits we can't sustain it. system reform is essential. >> i would agree with you, peter. that's one of the big missed opportunities with the president's health care is dealing with the cost of the health care supposed to focusing on who's going to provide it, government or private sector. >> congressman welch, given all the problems of the website including it remains down right now, these are critical days, obviously, in trying to encourage people to sign up, is it time to consider delaying some of the penalties for people who don't have the affordable care act provisions by the required dates? >> i think common sense fairness is that you have to align the penalties with the access to the web site. you can't impose a penalty on somebody who didn't get the coverage because the website was broken. i think we've got to be paying real close attention so that people have a fair amount of time in order to get on the website. and so i think a common sense approach is let's ewhen this is w
whether it's private pay, tax pair pay, if the cost of health care is going up faster than wages and profits we can't sustain it. system reform is essential. >> i would agree with you, peter. that's one of the big missed opportunities with the president's health care is dealing with the cost of the health care supposed to focusing on who's going to provide it, government or private sector. >> congressman welch, given all the problems of the website including it remains down right...
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it says you may find your premiums you lower due to a new kind of tax credit in the nationalplace, you may qualify for plans -- even though -- isn't available outside of marketplace, the health care law also guarantees that you can choose a new plan outside the marketplace, even if you have a preexisting condition. my point is these insurers either want to keep the people in their -- that work in their policy, or they want to tell them -- they tell them about what's available in the marketplace units if it's available. >> but they have to do that, because the grandfather part of the bill says, if you have a plan that continues on, but the law says they have to find different coverage -- >> better coverage. >> different coverage, whatever that is, for the 50-year-old woman who is writing to me, i'm not going to have any more children -- >> and i don't have a prostate, okay? >> that's fine. so for folks saying they're now going to pay more, because they're not the grandfathering option. that's a myth there, because if a plan changes its coverage, if a plan changes how much they're chargi
it says you may find your premiums you lower due to a new kind of tax credit in the nationalplace, you may qualify for plans -- even though -- isn't available outside of marketplace, the health care law also guarantees that you can choose a new plan outside the marketplace, even if you have a preexisting condition. my point is these insurers either want to keep the people in their -- that work in their policy, or they want to tell them -- they tell them about what's available in the marketplace...
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we didn't come here to raise taxes. >> two huge tax increase thes. we're interesting in reforming the tax code. not as a measure of raising tax revenues. we think you can get more revenue through more economic growth. that's the kind of thing we're in favor of. we also want to get auto the drivers of our debt. so they want up front stimulus, which is not what we're going to do. because it didn't work the last time. we believe in pro growth economics, point one, point two, the reason i like the budget control act is it did put spending caps. >> right. >> now the sequester is going to lower spending caps. the question is, is in the interim, in this moment we are in, can we get even smarter an better deficit reduction that actually helps us get the debt under control to hem us grow this economy? >> would you take a deal? a revenue deal to get some, some changes in the sequester? >> no. raise taxes -- we have been really clear about this. we're not in this business to raise taxes. we are not here to raise taxes. >> so the only condition. >> we'll take th
we didn't come here to raise taxes. >> two huge tax increase thes. we're interesting in reforming the tax code. not as a measure of raising tax revenues. we think you can get more revenue through more economic growth. that's the kind of thing we're in favor of. we also want to get auto the drivers of our debt. so they want up front stimulus, which is not what we're going to do. because it didn't work the last time. we believe in pro growth economics, point one, point two, the reason i...
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. >> it will pass to the customers over a billion dollars worth of taxes and fees associated with the affordable care act that need to go into pricing. >> reporter: divided among aetna's 22 million members, that's not much but some say there are other added costs. children covered on parents' plans until they are 26 and protections for preexisting conditions. >> the analogy would be your house starts to burn. you call the insurance company immediately and say i would like household insurance. they say okay, sure. >> reporter: even employers say much of the increases are simply the result of rising health care costs and more people using health care. factors that at least for now have nothing to do with obama care. scott cohn, "nightly business report." >>> here to talk more about the changing landscape of health insurance is greg, assistant professor of management at northwestern university kellogg school of management and specializes in health care. good to have you with us. i assume you heard scott's package there. i want to get your best guess, estimate of how much or what percenta
. >> it will pass to the customers over a billion dollars worth of taxes and fees associated with the affordable care act that need to go into pricing. >> reporter: divided among aetna's 22 million members, that's not much but some say there are other added costs. children covered on parents' plans until they are 26 and protections for preexisting conditions. >> the analogy would be your house starts to burn. you call the insurance company immediately and say i would like...
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they're getting tax credit subsidies funded by taxpayers. the irs is already telling us they're confused about how to do this. you're not telling us whether or not you're
they're getting tax credit subsidies funded by taxpayers. the irs is already telling us they're confused about how to do this. you're not telling us whether or not you're
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the premiums for coverage were lower than expected and millions of americans will also qualify for tax credits to make the coverage even more affordable. we know that consumers are eager to purchase this coverage, and to the millions of americans who have attempted to use healthcare.gov to shop and enroll in insurance care coverage, i want to apologize to you that the website has not worked as well as it should. we know how desperately you need affordable coverage. i want to assure you that healthcare.gov can and will be fixed and we are working around the clock to deliver the shopping experience that you deserve. we are seeing improvements each week and by the end of november the experience on the site will be smooth for the vast majority of users. over the past month, millions of visited healthcare.gov to take a look at new health care coverage under the affordable care act. in that time, nearly 700,000 applications for coverage have been submitted across the nation. more than half of those are in the federal marketplace alone. this tremendous interest confirms that american people a
the premiums for coverage were lower than expected and millions of americans will also qualify for tax credits to make the coverage even more affordable. we know that consumers are eager to purchase this coverage, and to the millions of americans who have attempted to use healthcare.gov to shop and enroll in insurance care coverage, i want to apologize to you that the website has not worked as well as it should. we know how desperately you need affordable coverage. i want to assure you that...
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she is sort of a black box for a lot of us, she is not from here, her dad created the state income tax, but beyond that, who is this woman running health care. >> i have written a lot about kathleen sebelius. and what i can tell you, she is arguably the most artisan operator at capital level in obama administration, she is willing to change a lot of things the way that law is implemented, they po poned a lot of regulations until after the election. gerri: what about changing the shopping feature, that was politically motivated. >> it came in last couple of weeks, they will try to throw the private contractors under the bus, they can't go too far or they will reveal private memos, which will not look good. that was a turn off to keep people from knowing what the real prices were to induce them in. gerri: she is an old insurance commissioner, that is often the job of someone who is very political, and who really wants to hold the industry's feet to the fire. >> she believed in regulation as insurance commissioner in kansas. she was on the other side. she is not only a second-hand manager
she is sort of a black box for a lot of us, she is not from here, her dad created the state income tax, but beyond that, who is this woman running health care. >> i have written a lot about kathleen sebelius. and what i can tell you, she is arguably the most artisan operator at capital level in obama administration, she is willing to change a lot of things the way that law is implemented, they po poned a lot of regulations until after the election. gerri: what about changing the shopping...
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he said he would never raise taxes on anybody who made less than $250,000 a year. yet, the bill is funded by half a trillion dollars in taxes on medical device companies, drug companies, hospitals, healthcare providers and insurance policies all of those costs will be passed on to people who make less than $250,000 a year and more than $250,000 a year and happen to be sick. a lot of sick people, people who need a medical device or drug, a lot of those people make less than $250,000 a year. >> well, what's so disheartening to he me, karl, is you i really want the american people who are sick to get access to medical care. i really do. and to put a bum program up, all it does is sets us back so much further. we really did need to do something about our healthcare system. people are hurting in this country and we needed to fix it but having a bum solution is almost one of the worst things you can do because now it sets us back. >> i tried to sign on to healthcare.gov just before i came and nine minutes after the last hour the system is down at the moment and we are ex
he said he would never raise taxes on anybody who made less than $250,000 a year. yet, the bill is funded by half a trillion dollars in taxes on medical device companies, drug companies, hospitals, healthcare providers and insurance policies all of those costs will be passed on to people who make less than $250,000 a year and more than $250,000 a year and happen to be sick. a lot of sick people, people who need a medical device or drug, a lot of those people make less than $250,000 a year....
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on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a part time or a full time employee? what we know about the economic data is the high point of part time workers was in 2008 and 2009 at the height of the last recession. it has been decreasing each and every year. there is no data to support the fact that there is an uptick based on the impending affordable care act. i'm sure that there may be some individual employers making some business decisions about how many workers they want full time and how many part time. but i can tell you there is no economic data or employment data that supports the notion that this is an effective law. >> in fact,
on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a...
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more in taxes per family versus my$700 tax cut. but a lot of them zero in now this month on obama care. and there's a stark difference between me and terry mcauliffe there also. and once again, his approach is bigger government, and mine is smaller government. i was the first to fight obama fight it. you were the first one to sue on obama care. >> right. >> at the same time, is that an issue for virginia voters? i mean, you know, we look at these numbers, and we're talking about, you know, roughly 10% of the folks going to the polls are federal workers are their families. i mean, you've got huge -- >> yes, but lou, they're seeing this fail. they're seeing it fail before their very eyes on every network. it isn't just on fox. it's on cnn. it's on the three abc, nbc, cbs, they're all running this failure. and this is proving that those of us on my side of the argument have been right, and it is a state issue because the single biggest budget decision the next governor of virginia will make is whether or not to expand medicaid under o
more in taxes per family versus my$700 tax cut. but a lot of them zero in now this month on obama care. and there's a stark difference between me and terry mcauliffe there also. and once again, his approach is bigger government, and mine is smaller government. i was the first to fight obama fight it. you were the first one to sue on obama care. >> right. >> at the same time, is that an issue for virginia voters? i mean, you know, we look at these numbers, and we're talking about,...
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on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a part time or a full time employee? what we know about the economic data is the high point of part time workers was in 2008 and 2009 at the height of the last recession. it has been decreasing each and every year. there is no data to support the fact that there is an uptick based on the impending affordable care act. i'm sure that there may be some individual employers making some business decisions about how many workers they want full time and how many part time. but i can tell you there is no economic data or employment data that supports the notion that this is an effective law. >> in fact,
on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage to actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a...
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i mean, taxes fees and penalties and other taxes are going to be about a trillion. there is 1.5 trillion-dollar deficit question mark right now. is that coming out of medicare? no this is totally understandable. 30 years ago healthcare law $13 trillion, greta. we can't afford it. >> i truly believe we have got to get medical care to everybody, but i am trying to figure out where the money is coming from. that's my concern about it we will see what happens to your bill. get more democratic support beside mary landrieu. >> i'm optimistic that we can pass this thing and on to promise that president obama made to million of americans. >> packers will win this weekend, right. >> absolutely. >> kathleen sebelius testifying she was clearly wrong to give it the green light. upton heading up today's hearing. is he here next. can you hash it out with us was secretary sebelius right to take the blame for the rollout or is the secretary >> now get ready to speed read your way through the news. first to utah and the doctor accused of murdering his wife in the bathtub. today two
i mean, taxes fees and penalties and other taxes are going to be about a trillion. there is 1.5 trillion-dollar deficit question mark right now. is that coming out of medicare? no this is totally understandable. 30 years ago healthcare law $13 trillion, greta. we can't afford it. >> i truly believe we have got to get medical care to everybody, but i am trying to figure out where the money is coming from. that's my concern about it we will see what happens to your bill. get more democratic...
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are are e taxes because charities aren't. which is fine if f. they are doing good work. however, if they're not looking after the money. allowing themselves to be ripped off and awful lot of these cases we found it's insider, it's the executive directors. long-time bookkeepers. volunteers. >> great story by the "the washington post." great job. >> thank you. >>> see you all tomorrow night right here at our new time 7 p.m. eastern. gretawire. open thread. good night from washington, d.c. and i know you have got a lot to say on gretawire. you better do there because the rest of us are going there. see you there. tomorrow night sean is at >>> all right. welcome to "red eye." thanks for the warning, producers. doing great. tonight this -- >> tonight are beautiful women becoming targets of fetish space freaks bent on creating inner stellar space colonies and victoria's secret? what are they hiding? the look that will make your soul vomit. >> and who is abducting our nude models and replacing them with replicas ? the stories hannit
are are e taxes because charities aren't. which is fine if f. they are doing good work. however, if they're not looking after the money. allowing themselves to be ripped off and awful lot of these cases we found it's insider, it's the executive directors. long-time bookkeepers. volunteers. >> great story by the "the washington post." great job. >> thank you. >>> see you all tomorrow night right here at our new time 7 p.m. eastern. gretawire. open thread. good...
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have a great day. >>> more of our tax dollars going to waste. we've learned that one government agency spent $50,000 on a parody movie. today, lawmakers are asking for answers, but one former official does not care to talk. >>> plus, how are things at home? wondering if your relationship's going to last? why don't you ask facebook? because today researchers say facebook can predict whether your relationship will survive. and the key, who your friends are. we'll show you what to look for. >>> and virgin america tries to get passengers to pay attention to inflight instructions. ♪ >>> that is a safety dance.
have a great day. >>> more of our tax dollars going to waste. we've learned that one government agency spent $50,000 on a parody movie. today, lawmakers are asking for answers, but one former official does not care to talk. >>> plus, how are things at home? wondering if your relationship's going to last? why don't you ask facebook? because today researchers say facebook can predict whether your relationship will survive. and the key, who your friends are. we'll show you what...
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percent of the population are getting information they need to know that they can avail themselves of tax credits, that will make their insurance cheaper than it otherwise would be. and in all situations for them, insurance options they have available to them is better and more quality coverage than what they are getting now. and the boston said there last night a portion of the individuals will pay higher premiums in the front end and the president talked about that in boston and again last night. we are focused on getting the implementation on track, and so that americans across the country are able to get the benefits that the affordable care act promises. >> all right, let's get help with what jay carney said. bret baier is here. >> hi, alisyn. >> you are fluent in washington speak. you have been there long enough. jay carney said we didn't break that promise. if your insurance down graded it, it is not our fault, it is the insurance company's fault, is he accurate? >> no, no one said what they say they said. the president said what we said you could keep your plan if it hasn't change
percent of the population are getting information they need to know that they can avail themselves of tax credits, that will make their insurance cheaper than it otherwise would be. and in all situations for them, insurance options they have available to them is better and more quality coverage than what they are getting now. and the boston said there last night a portion of the individuals will pay higher premiums in the front end and the president talked about that in boston and again last...
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new tax. where will they get it? karl, thanks for being here. >> you bet. >> we're taking your thoughts on all of this. send us a tweet, follow me on twitter @megynkelly or like us on facebook. as new developments happen with this enrollment story we'll bring him to. plus we'll investigate new claims tonight there are socialist school lessons now lidden in some new education plans. wait until you hear, for example, what they are teaching the children about the unions next. hi, i'm terry and i have diabetic nerve pain. i worked a patrol unit for 17 years in the city of baltimore. when i first started experiencing the pain, it's, it's hard to describe because you have a numbness... but yet you have the pain like thousands of needles sticking in your foot. it was progressively getting worse, and at that point i knew i had to do something. when i went back to my healthcare professional... that's when she suggested the lyrica. once i started taking the lyrica, the pain started subsiding. [ male announcer ] it's known that
new tax. where will they get it? karl, thanks for being here. >> you bet. >> we're taking your thoughts on all of this. send us a tweet, follow me on twitter @megynkelly or like us on facebook. as new developments happen with this enrollment story we'll bring him to. plus we'll investigate new claims tonight there are socialist school lessons now lidden in some new education plans. wait until you hear, for example, what they are teaching the children about the unions next. hi, i'm...
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he promised us no tax increases. huge tax increases. in fact, the biggest middle class tax increase we've ever seen. he told us that if we liked our health insurance plan we could keep it. tell that to 16 million americans today. or that the cost was actually going to go down. that didn't happen to jason anderson in my district who's 31 years old whose wife and 2-year-old baby saw their premium double and triple. >> what about all the people who can now buy health insurance because they had a pre-existing condition? earlier they couldn't buy health insurance. all of a sudden now they can go out and buy health insurance. you would welcome that. >> that was a heartbreaker for every american to hear those stories. that's something where republicans and democrats could have come together. the "washington post" said this is a $5 billion problem. you know me, wolf. i'm a strong fiscal conservative. i would have gone to the treasury and wrote out the check for 5 billion every year to pay for the pre-existing poll. that's something we could tak
he promised us no tax increases. huge tax increases. in fact, the biggest middle class tax increase we've ever seen. he told us that if we liked our health insurance plan we could keep it. tell that to 16 million americans today. or that the cost was actually going to go down. that didn't happen to jason anderson in my district who's 31 years old whose wife and 2-year-old baby saw their premium double and triple. >> what about all the people who can now buy health insurance because they...
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so, revenue, taxes, that's not a problem. but our debt? that is a problem. 17 trillion bucks and climbing, and these kids are kicking it back in congress' face today. those boxes? they're full of cans. ryan this executive director of the can kicks back, and his point is essentially, as you said here before, enough, enough. right? >> that's correct. and thanks for having me on. we just got back from a national tour, our generational equity tour, five-week tour, starting in california, worked back to d.c., and we collected messages from young people and young people that were fed up with what is going on in washington these days. they don't understand why the government can't come together with common sense solutions. so we collected over 800 messages from people, put them in tin cans and delivered them to offices today in our final event. >> what are the young people saying? when they hear, washington has a record amount of texas -- tax revenue, are the in the harry reid camp that says we should tax more, the nancy pelosi camp, there's no m
so, revenue, taxes, that's not a problem. but our debt? that is a problem. 17 trillion bucks and climbing, and these kids are kicking it back in congress' face today. those boxes? they're full of cans. ryan this executive director of the can kicks back, and his point is essentially, as you said here before, enough, enough. right? >> that's correct. and thanks for having me on. we just got back from a national tour, our generational equity tour, five-week tour, starting in california,...
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new tax. where will they get it? karl, thanks for being here. >> you bet. >> we're taking your thoughts on all of this. send us a tweet, follow me on twitter @megynkelly or like us on facebook. as new developments happen with this enrollment story we'll bring him to. plus we'll investigate new claims tonight there are socialist school lessons now lidden in some new education plans. wait until you hear, for wait until you hear, for example, what they ar huh, fifteen minutes could save you fifteen percent or more on car insurance. everybody knows that. well, did you know that when a tree falls in the forest and no one's around, it does make a sound? ohhh...ohhh...oh boy! i'm falling. everybody look out! ahhhhh...ugh. little help here. geico. fifteen minutes could save you...well, you know. anybody? once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost. the challenge always accepted. and the calling forever answered. ♪ introduc
new tax. where will they get it? karl, thanks for being here. >> you bet. >> we're taking your thoughts on all of this. send us a tweet, follow me on twitter @megynkelly or like us on facebook. as new developments happen with this enrollment story we'll bring him to. plus we'll investigate new claims tonight there are socialist school lessons now lidden in some new education plans. wait until you hear, for wait until you hear, for example, what they ar huh, fifteen minutes could...
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Nov 5, 2013
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that would boost economic growth and lower property taxes. opponents say they're skeptical of its economic potential and worry about the social problems that come sometimes with gambling. >>> well, a new focus on republicans and the future of the party. as we just mentioned, several elections taking place today. earlier president obama was asked about it. let's see what he has to say about it. >> never predict an election. >> previous chair of the republican national committee here live in studio. good to see you, ryan. >> happy to be here. >> what do you have with the president not having a lot to say. >> it's pretty dangerous not to make predictions. i hope for two big victories in virginia and new jersey. it might come down to a referendum on obama care. that's what ken cuccinelli has been trying to do. that's why there's been a momentum shift towards ken cuccinelli. >> it's interesting. it changes like the wind in politics. it was a couple of weeks ago that you were being hit hard for the government shutdown, republicans in general. now i
that would boost economic growth and lower property taxes. opponents say they're skeptical of its economic potential and worry about the social problems that come sometimes with gambling. >>> well, a new focus on republicans and the future of the party. as we just mentioned, several elections taking place today. earlier president obama was asked about it. let's see what he has to say about it. >> never predict an election. >> previous chair of the republican national...
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Oct 30, 2013
10/13
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republicans don't want to raise taxes. todaythere are stories that the white house is open to not raising revenues and any deal they come up with and they are eyeing cuts to farm subsidies. ground.ld be "common " guest: that is correct. there's also the opening session of the long-awaited arm bill -- farm bill. this is the sort of thing that conference two committees can mesh their answers on and come up with answers for both. viewersve the background on this legislation. why has it not passed? guest: this year was the first -it is ait was due - five-year authorization bill. it was due to years ago. a bill passed the senate last year. not put his did bill on the floor last year. he put a bill on the floor this to defeatt went down and only when he separated it empathy -- and removed the food stamp portion didn't pass. what we have now going into conference is one bill that cuts $4 billion in food stamps and $39her one that cuts billion in food stamps funding. we have a huge gap of their. -- a huge gap there. house with nat
republicans don't want to raise taxes. todaythere are stories that the white house is open to not raising revenues and any deal they come up with and they are eyeing cuts to farm subsidies. ground.ld be "common " guest: that is correct. there's also the opening session of the long-awaited arm bill -- farm bill. this is the sort of thing that conference two committees can mesh their answers on and come up with answers for both. viewersve the background on this legislation. why has it...
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Nov 5, 2013
11/13
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it will have to be tax cuts. it will be the most progressive tax cuts we have had. there was a fundamental difference between the two parties today, given the influence of the tea party, on the sense of how much do you sacrifice of your own views to keep the government going. within the republican party in the house today, there has been a scary -- >> at the risk of not making my flight, you are absolving the president's role in brokering those bridges -- building those bridges. >> george bush and i are not pals. nt paulson and bernanke up to tell us things were collapsing, -- >> i have two more questions. i'm going to start with barney. >> he can borrow some of my time. >> you are very generous. >> jpmorgan is in the midst of , in $13 billion settlement part related to assets it required -- acquired during the financial crisis. i am curious if your view has changed since we last talked. details that have emerged. whether you think that the government should be fining the company for whatever since happened to those assets during the crisis? >> my view has not chang
it will have to be tax cuts. it will be the most progressive tax cuts we have had. there was a fundamental difference between the two parties today, given the influence of the tea party, on the sense of how much do you sacrifice of your own views to keep the government going. within the republican party in the house today, there has been a scary -- >> at the risk of not making my flight, you are absolving the president's role in brokering those bridges -- building those bridges. >>...
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Oct 31, 2013
10/13
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ALJAZAM
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do we know about that >> well, john, in california, an independent film can qualify for a lucrative tax with credit if it's budget exceeds $1 million. and they were allegedly posing as movie executives, and they wanted the threshold lowered. allegedly, calderon was able to do it for apres. and they required want fib agents hire his daughter, and they were allegedly paying her $3,000 a month for a movie studio that didn't exist. and she received $3,000 a month in payments and never had to show up for work. >> i know you'll have more coming up tonight at the top of the hour. thank you very much. >> thank you. >> three british journalists are pleading guilty to hacking phones. news of their please comes as two of their former bosses stand trial in london. the former editors are charged with operating the phone hacking. it led to the shutdown of the murdock tabloidty. >> officials in japan are cleaning up the earthquake damage from the fukushima nuclear facility. they have approved a radioactive fuel road. the numbers in the thousands. the crews wanted them removed in the event of another e
do we know about that >> well, john, in california, an independent film can qualify for a lucrative tax with credit if it's budget exceeds $1 million. and they were allegedly posing as movie executives, and they wanted the threshold lowered. allegedly, calderon was able to do it for apres. and they required want fib agents hire his daughter, and they were allegedly paying her $3,000 a month for a movie studio that didn't exist. and she received $3,000 a month in payments and never had to...
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Oct 28, 2013
10/13
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you and are are paying more taxes because charities aren't. which is fine if f. they are doing good work. however, if they're not looking after the money. allowing themselves to be ripped off and awful lot of these cases we found it's insider, it's the executive directors. long-time bookkeepers. volunteers. >> great story by the "the washington post." great job. >> thank you. >>> see you all tomorrow night right here at our new time 7 p.m. eastern. gretawire. open thread. good night from washington, d.c. and i know you have got a lot to say on gretawire. you better do there because the rest of us are going there. see you there. tomorrow night sean is at 10:00. see you later. >>> the o'reilly factor is on. >> i don't know. >> i'm not sure. >> i don't know. >> frankly it's not something i have followed closely i didn't even know. >> he indicated that he was not aware. >> certainly i was not. >> front page headline in the "wall street journal" president obama did not know about the nsa spying on our allies. also, last night on "60 minutes" mass confusion in libya wa
you and are are paying more taxes because charities aren't. which is fine if f. they are doing good work. however, if they're not looking after the money. allowing themselves to be ripped off and awful lot of these cases we found it's insider, it's the executive directors. long-time bookkeepers. volunteers. >> great story by the "the washington post." great job. >> thank you. >>> see you all tomorrow night right here at our new time 7 p.m. eastern. gretawire. open...
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Oct 31, 2013
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not like a tax hike. obama care is the core of the new expansion of the liberal idea. this is sort of the continuation of the new deal. the continuation of a great society. in a sense the way liberals portrayed it, it is the completion of the entitlement state. the one element that separated us from the rest of the advanced industrial countries saying we were the only one with people who were not covered. now we're going to enter into the realm of those who insure and protect everybody. if this collapses, this huge expansion of the entitlement state, this essential nationalization of one sixth of the u.s. economy, i think that discredits the entire enterprise of the expansion of government which is at the heart of obamaism. that's why liberals are running zar escared. not just one election. it's the ideology that the government knows best, the government will take care of you. put your trust in the government or as obama said you didn't build it, the government did. it can't even construct a website. >> when you hear what the president said today, there are tones of bi
not like a tax hike. obama care is the core of the new expansion of the liberal idea. this is sort of the continuation of the new deal. the continuation of a great society. in a sense the way liberals portrayed it, it is the completion of the entitlement state. the one element that separated us from the rest of the advanced industrial countries saying we were the only one with people who were not covered. now we're going to enter into the realm of those who insure and protect everybody. if this...
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Oct 30, 2013
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on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage, actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says, an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a part-time or full-time employee? what we know about the economic data is the high point of part-time workers was in 2008 and 2009 at the height of the last recession. it has been decreasing each and every year. there is no data to support the fact that there is an up tick, based on the impending affordable care act. i am sure that there may be some individual employers making some business decisions about how many workers they want full time and how many they want part time. i can tell you there is no economic data or employment data that supports the notion that this is an effect of the law. >>
on the other hand, there are now tax credits available for some of the smaller employers who want to offer coverage, actually come into the marketplace. for the other businesses, the businesses hiring 50 or more, there is a standard that says, an employee is considered full time if he or she works 30 hours a week. and that really came from a market snapshot with help from the small business administration of where employee benefits were in the private market based on hours of work. what was a...
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Oct 31, 2013
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new tax credits. more choice. more competition. real health care security, not just for the uninsured or underinsured but for all of us because we pay more in premium and taxes when americans without good insurance visit the emergency room. [applause] >> and since we all benefit, there are parts of this law that also require everybody to contribute. require everybody to take some measure of responsibility. so to help pay for the law, the wealthiest americans, families who make more than $250,000 a year have got to pay a little bit more. the most expensive employer health insurance, don't qualify for tax credits, some people aren't happy but it's the right thing to do. in massachusetts, most people who can afford health insurance have to take responsibility to buy health insurance or pay a penalty. employers with more than 50 employees have to provide health insurance to their workers or pay a penalty because they shouldn't dump off that cost to others. everyone has responsibilities. now, it is also true that some americans who have
new tax credits. more choice. more competition. real health care security, not just for the uninsured or underinsured but for all of us because we pay more in premium and taxes when americans without good insurance visit the emergency room. [applause] >> and since we all benefit, there are parts of this law that also require everybody to contribute. require everybody to take some measure of responsibility. so to help pay for the law, the wealthiest americans, families who make more than...
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Oct 29, 2013
10/13
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how can they get the tax credit. that's what they're focused on. we have to stop this thing where they keep trying to wreck the affordable care act. and i want to invite republicans to come on board. >> stay hear. next we cease fire. maybe we can talk about that. how we actually govern. is there anything that you two can agree on? we want you at home to weigh in on today's fireback question. will obama care improve your health coverage? we'll have the results after the break. my customers can shop around-- see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at
how can they get the tax credit. that's what they're focused on. we have to stop this thing where they keep trying to wreck the affordable care act. and i want to invite republicans to come on board. >> stay hear. next we cease fire. maybe we can talk about that. how we actually govern. is there anything that you two can agree on? we want you at home to weigh in on today's fireback question. will obama care improve your health coverage? we'll have the results after the break. my customers...
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Oct 28, 2013
10/13
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death and taxes, right? >> death and taxes, yes. stuart: but what will get you? the black box. >> it is not just going to get me, anyone who believes in the right to privacy, the fourth amendment means what it says. this is not general motors or toyota calculating how you're using your car so they can be used more efficiently. this is current monitoring or you go and how you drive. information the government does not need. if the black boxes not work their want to back it up with your blackberry or iphone because they want to be able to monitor where you are traveling with that as well. stuart: you are kidding me. >> no, i am not. we now know that there governments silence, they can learn where are we are when this is on our person. they use this as well as the black box. my suggestion is take the black box out of your car. stuart: do you think that this is done deliberately to exercise control over you, sir value? the conventional wisdom is that they are not pulling in as much as they used to. we are driving fewer miles. therefore taxes by a mile to replace that
death and taxes, right? >> death and taxes, yes. stuart: but what will get you? the black box. >> it is not just going to get me, anyone who believes in the right to privacy, the fourth amendment means what it says. this is not general motors or toyota calculating how you're using your car so they can be used more efficiently. this is current monitoring or you go and how you drive. information the government does not need. if the black boxes not work their want to back it up with...
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Oct 31, 2013
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of the corporate tax loopholes, maybe end the offshore tax havens that might be something republicans could get on board for. but what you heard in the consensus was that they really want more stability in the budget process. they can't keep doing this short-term thing, they don't want to have another shutdown so everyone said we're hopeful even though we're not -- we're pretty confident there's not going to be a big grand bargain. >> woodruff: expectations going into this are pretty low. did they seem to -- are the signals they're getting that they want to avoid failure or what? >> yes. they definitely want to try to avoid failure. their deadline is december 13. they're not meeting again until november 13. but what's happening behind the scenes is that the members are meeting individually. you've got the staffs working together. they have two very detailed documents that they have to put together and find consensus on. so it's about the big picture items. if they can come to an agreement they have time. now, the government is funded through january 15, so even if they miss that decem
of the corporate tax loopholes, maybe end the offshore tax havens that might be something republicans could get on board for. but what you heard in the consensus was that they really want more stability in the budget process. they can't keep doing this short-term thing, they don't want to have another shutdown so everyone said we're hopeful even though we're not -- we're pretty confident there's not going to be a big grand bargain. >> woodruff: expectations going into this are pretty low....
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Oct 30, 2013
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in housing tax credits. and that was done by some of my democratic colleagues, and i wanted to thank your office for working with us on that. >> thank you. >> thank you and they give back. >> that your number again is the gentleman from wisconsin to mr. duffy, for five minutes. >> thank you, mr. chairman. i want to be clear at the outset that fha has been very helpful in a lot of -- from a lot of my constituents first-time homebuyers, low-income home buyers, to achieve the american dream of homeownership. it has been incredibly helpful for them, so i don't want to underestimate how important the program has been for people who live in central and northern wisconsin. it's been a very helpful program. i think you picked up a little bit of concern on our side of the aisle, and i think our frustration here is that, is that whenever we have testimony, we continually bring up concerns about the capital reserve ratio. it hasn't been met. we are concerned about bailouts. it seems that every time we get testimony fro
in housing tax credits. and that was done by some of my democratic colleagues, and i wanted to thank your office for working with us on that. >> thank you. >> thank you and they give back. >> that your number again is the gentleman from wisconsin to mr. duffy, for five minutes. >> thank you, mr. chairman. i want to be clear at the outset that fha has been very helpful in a lot of -- from a lot of my constituents first-time homebuyers, low-income home buyers, to achieve...
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Oct 28, 2013
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they agreed and even filed a bill to revoke the tax exemption. he believes it stems from not realizing the tax exempt status only goes to the headquarters not the team. watchdog site guide star says the league offered 255 million in revenue but spent more than 330 million including 2.3 million in grants for community group that gave 30 million for the commissioner's salary for which he did owe income taxes and almost 36 million to build a new office space. the nfl is also not alone here. the national hockey league main office also enjoys the same tax exempt status. if it is passed both would lose their status. we will keep you posted on what's going on. >> interesting information. >> it is 46 after the hour. he is the son of one of the most famous actors in hollywood. sp scott eastwood is not interested in riding his own father's coattails. our one-on-one with him coming up next. >> brian kilmeade tells us what's coming up on "fox & friends." >> brian kilmeade. can't wait to know him. how do you know all of this. what's america's number one occup
they agreed and even filed a bill to revoke the tax exemption. he believes it stems from not realizing the tax exempt status only goes to the headquarters not the team. watchdog site guide star says the league offered 255 million in revenue but spent more than 330 million including 2.3 million in grants for community group that gave 30 million for the commissioner's salary for which he did owe income taxes and almost 36 million to build a new office space. the nfl is also not alone here. the...
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Oct 31, 2013
10/13
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they are negotiating taxes and hinting that they will take tax off the table. it will want something for that. the republicans should not fall for that because the republicans say the taxes were never on the table. this is about spending. and our position is, we're going to hold the top line of the sequestration. if you want to change priorities within that, we will talk. neil: you are the expert. as you know, i read a prompter. i think the strategy is this, they're going to put the onus on republicans to come up with something. and then say, we're not offering taxes. you don't mess around too much spending. we don't walk off when there's. you keep your tax rates and tax allowances in place. we can just walk off the stage. every once miles fine. >> well, that could very well be their strategy. this is a situation where we now have two sides, the senate and house actually getting in a room in talking about these things. the republicans should not be bamboozled by this. neil: when you say bamboozled, what do you mean? they should push hard for cuts in spending? a
they are negotiating taxes and hinting that they will take tax off the table. it will want something for that. the republicans should not fall for that because the republicans say the taxes were never on the table. this is about spending. and our position is, we're going to hold the top line of the sequestration. if you want to change priorities within that, we will talk. neil: you are the expert. as you know, i read a prompter. i think the strategy is this, they're going to put the onus on...
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Oct 30, 2013
10/13
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but when you do that, i want to take corporate taxes to zero. they're stop building plants in puerto rico, they'll stop building plants in ireland, they'll stop gaming the system through corporate welfare, which is done through the tax system, it simplify it is and we'll get growth. >> you recently came through the cross hairs of krugman. "he seems to feel me must warn about the looming threat of a financial crisis" t." the title was "addicted to the apocalyp apocalypse." >> why would i be wasting my time going around to these colleges if we were doomed? we are absolutely not doomed. there are solutions. there's a lien fuse on this thing and we can fix it. we are absolutely not doomed and that is not anywhere near my message. >> she's speaking here at the wall street conference right upstairs, which i'm moderating today. a lot of big ideas here on what the future looks like. >> it a good ticket. we'll take a quick break here. "squawk on the street" will be right back. farmers presents: fifteen seconds of smart. so you want to drive more safely?
but when you do that, i want to take corporate taxes to zero. they're stop building plants in puerto rico, they'll stop building plants in ireland, they'll stop gaming the system through corporate welfare, which is done through the tax system, it simplify it is and we'll get growth. >> you recently came through the cross hairs of krugman. "he seems to feel me must warn about the looming threat of a financial crisis" t." the title was "addicted to the apocalyp...